Ramdevbaba Solvent IPO opens for subscription on April 15, 2024 and closes on April 18, 2024. Should you invest in this IPO launch or avoid it? Watch this video as we cover important points, both positives and negatives like what this company is about, what do they do, company's revenue growth, company's bottom line, experience of the promoters in this industry, significant portion revenue, and some negatives worth considering. For more updates like this subscribe to Planify!
About Ramdevbaba Solvent:
Ramdevbaba Solvent, a company based in Maharashtra, India, specializes in the production and distribution of rice bran oil. They operate in two main areas: supplying bulk rice bran oil to established FMCG companies like Mother Dairy and Marico, and offering their own "Tulsi" and "Sehat" branded rice bran oil through a network of distributors across Maharashtra. The company is currently in the midst of an Initial Public Offering (IPO) on the NSE SME platform. Ramdevbaba Solvent is an SME IPO. Ramdevbaba Solvent IPO price band is set at ₹80 to ₹85 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹136,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹272,000.
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